Small Caps

Elevate Uranium (ASX: EL8) managing director and chief executive officer Murray Hill joins Small Caps to discuss the company's success in significantly increasing the mineral resource estimate (MRE) for its Koppies uranium development in Namibia. The recently released MRE update included a dramatic 136% increase in the Koppies resources to 48 million pounds and a 42% jump in Elevate's total Namibian numbers. The company is not resting on its laurels and is aggressively looking to add to those impressive figures with an ongoing exploration campaign. Elevate currently has three drill rigs in the field progressing a resource growth test of a mineralised zone south of its Koppies 2 and Koppies 4 deposits. Notably that drilling is taking place to to the south of the MRE envelope, with mineralisation remaining open in multiple directions around the resource. Elevate has also identified potential for additional mineralisation beneath the earlier shallow drilling. Article: https://smallcaps.com.au/elevate-uranium-increases-koppies-resource-48mlb/ For more information on Elevate Uranium: https://smallcaps.com.au/stocks/asx-el8/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Blue Energy (ASX: BLU) managing director John Phillips joins Small Caps to discuss the company's gas developments in Queensland. The company recently revealed a 36% increase in the estimated total proved and probable (2P) reserves in its Sapphire Block gas development. The new independent assessment of the Sapphire project also provided a 16% increase in 3P+2C aggregate gas resource available to 543pj of recoverable gas. The reserves and resources upgrade support the gas supply volume required under a non-binding memorandum of understanding between Blue Energy and Queensland Pacific Metals. In June, Blue Energy signed a non-binding MOU with Queensland Pacific Metals Energy (QPME) to facilitate the supply of gas into the latter's newly acquired Moranbah Gas Project plant at Moranbah. The QPME transaction provides Blue Energy with a simple path to the commercialising of its pilot gas flow from the appraisal pilot well production testing activities being currently conducted in the 100% held Sapphire Block. Blue Energy also recently confirmed that Origin Energy will continue to progress an existing non-binding, gas supply heads of agreement. Articles: https://smallcaps.com.au/blue-energy-significant-sapphire-gas-reserves-resources-upgrade/ https://smallcaps.com.au/blue-energy-origin-agree-update-gas-sales-deal/ https://smallcaps.com.au/blue-energy-continues-add-shine-sapphire-gas-project/ For more information on Blue Energy: https://smallcaps.com.au/stocks/asx-blu/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Lithium Universe (ASX: LU7) chief executive officer Alex Hanly joins Small Caps to discuss the company’s recent successful ASX re-listing, its on-the-ground activities in Canada and plans to develop a multi-purpose battery-grade lithium carbonate refinery. The company attracted significant interest when it re-listed on the ASX in mid-August with a new team and a new focus after completing an over-subscribed $4.5 million initial public offer (IPO). Within weeks of its ASX relisting, members of Lithium Universe’s “dream team” of battery metal and Canadian exploration experts were able to hit the ground running at the company’s highly prospective Apollo project in the “red hot” James Bay region of Quebec. With a number of clear targets in a project area surrounded by significant lithium discoveries, the company has added artificial intelligence (AI) technology to its arsenal as it assesses future drilling locations in the large 240 sq km land holding. With a clear strategy to move quickly from explorer to developer, Lithium Universe has now signed on leading international firm Hatch to undertake an engineering study for the design of the battery-grade lithium carbonate refinery, which will form part of the company’s Québec Lithium Processing Hub (QLPH) strategy. Article: https://smallcaps.com.au/lithium-universe-development-plans-take-off-hatch-appointment/ https://smallcaps.com.au/lithium-universe-primero-group-quebec-processing-hub-concentrator-study/ https://smallcaps.com.au/lithium-universe-appoints-key-executives-develop-quebec-processing-hub/ https://smallcaps.com.au/lithium-universe-plans-lithium-processing-hub-canada/ For more information on Lithium Universe: https://smallcaps.com.au/stocks/asx-lu7/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

CGN Resources (ASX: CGR) managing director Stan Wholley joins Small Caps to discuss the company’s successful $10 million initial public offer (IPO) and exploration plans for its large Webb iron oxide, copper-gold (IOCG) project in Western Australia’s highly prospective West Arunta region. With an initial minimum raising target of $8 million at $0.20 a share, CGN was swamped by investors and eventually attracted $10 million in offers. The company is now preparing to list on the ASX around the 12th October 2023 and looking to undertake a significant exploration campaign at Webb. This includes a 1,200 metre diamond core drilling campaign at the Tantor and Surus targets ahead of expanded and more detailed exploration in the new year. CGN holds an 86% interest in seven granted and one pending exploration licences across 948 square kilometres of tenure at Webb. The company has already identified the significant copper potential of the IOCG target and opportunistically target magmatic nickel sulphides, rare earth elements and diamondiferous kimberlites within the Webb project tenements. Article: https://smallcaps.com.au/cgn-resources-ipo-advance-webb-project/ For more information on CGN Resources: https://smallcaps.com.au/stocks/asx-cgr/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Astral Resources (ASX: AAR) managing director Marc Ducler joins Small Caps to discuss the positive results obtained into a study into the potential development of the 100%-owned Mandilla gold project in Western Australia. One of the largest undeveloped free-milling open pit gold development projects in the rich Kalgoorlie region, Mandilla is forecast to produce around 100,000 ounces per annum at an average feed grade of 1.30 grams per tonnes gold over an initial 7.4-year period. The Astral board is now assessing a move to the pre-feasibility phase for the project after the scoping study results highlighted commercial viability of a stand-alone gold mining operation. Key financial outcomes from the scoping study include free cash flow of $740 million and a net present value (8%) of $442 million. Astral believes there is significant growth opportunities at Mandilla and continues to advance exploration and resource definition efforts as well as at the company’s nearby Feysville gold project. Article: https://smallcaps.com.au/astral-resources-releases-positive-scoping-study-mandilla-gold-project/ For more information on Astral Resources: https://smallcaps.com.au/stocks/asx-aar/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

92 Energy (ASX: 92E) chief executive officer Siobhan Lancaster joins Small Caps to discuss the company’s timely discovery of a potential new zone of mineralisation at its Gemini uranium find in Canada’s world-class Athabasca Basin. The new parallel structure was identified in a recent follow-up campaign to the September 2021 Gemini uranium discovery. The hole returned uranium mineralisation and key uranium pathfinders with intense alteration, making it ripe for follow-up drilling and assay results to further confirm the potential of the new find are expected imminently. 92 Energy’s uranium exploration is targeting high-grade unconformity-associated uranium in the Athabasca Basin, home of the richest uranium fields in the world. The uncovering of the new structure has highlighted the potential for 92 Energy to encounter other new zones along the Gemini trend, which remains largely untested. To date there has been very limited drilling at the newly discovered parallel structure, with around 600m of virtually untested strike length available to be tested in the future. Uranium prices have been particularly strong recently, surging to US$69 per pound. Article: https://smallcaps.com.au/92-energy-hits-potential-new-uranium-zone-gemini/ For more information on 92 Energy: https://smallcaps.com.au/stocks/asx-92e/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

PharmAust (ASX: PAA) chief executive officer Michael Thurn joins Small Caps to discuss his appointment to the company and recent trial developments. The company recently released interim analysis of data from a Phase 1 clinical trial of its lead drug candidate monepantel (MPL) to treat motor neurone disease/amyotrophic lateral sclerosis (MND/ALS). Results from an interim analysis of the trial indicated that neurofilament light chain (Nfl) protein concentrations in the plasma of participants in its Phase 1 clinical trial do not increase following MPL treatment – a positive sign. PharmAust hopes that MPL could eventually receive orphan drug designation by the Therapeutics Goods Administration (TGA) and US Food and Drug Administration (FDA) for motor neurone disease, which affects over 350,000 people globally and kills more than 100,000 people yearly. Article: https://smallcaps.com.au/pharmaust-names-highly-experienced-biotech-specialist-chief-executive-officer/ https://smallcaps.com.au/pharmaust-interim-phase-1-data-mpl-inhibit-motor-neurone-disease/ For more information on PharmAust: https://smallcaps.com.au/stocks/asx-paa/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Elevate Uranium (ASX: EL8) managing director and chief executive officer Murray Hill joins Small Caps to discuss the expansion of the company’s drilling campaign at the Koppies uranium project in Namibia. The company recently added an additional rig to its Koppies program, with a three rig, reverse circulation program targeting the finalisation of an interim resource for Koppies 3 during October 2023. This will be followed by further drilling to test areas located outside of the interim resource zone, with results aimed at expanding the current JORC resource of 20.3 million pounds of uranium identified at Koppies 1 and 2. The company is also preparing to follow up previous exploration success at Capri where Elevate has already identified multiple additional exploration targets. The company is working to obtain new land access agreements prior to bringing a rig in for the exploration campaign. Article: https://smallcaps.com.au/elevate-uranium-increases-drilling-operation-koppies-project-namibia/ For more information on Elevate Uranium: https://smallcaps.com.au/stocks/asx-el8/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

James Bay Minerals (ASX: JBY) executive director Andrew Dornan joins Small Caps to discuss the company’s highly anticipated listing on the ASX today. Named after the “red hot” James Bay lithium province in Quebec, the company made its ASX appearance after successfully completing a highly sort after $6 million initial public offer. Backed by its vastly experienced board and management, James Bay Minerals already holds one of the largest lithium exploration tenures in the area with around 224 square kilometres of prospective ground on its books. The company currently holds 104 claims in James Bay and has entered into three binding agreements under which will provide it with an opportunity to acquire a 100% interest in a further 333 claims. With a significant portfolio of ready to test exploration assets and cash in hand, James Bay Minerals is ready to hit the ground running to further evaluate a number of prospective targets. Articles: https://smallcaps.com.au/james-bay-minerals-set-to-list-big-lithium-reputation/ https://smallcaps.com.au/james-bay-minerals-world-class-lithium-team-asx-listing/ For more information on James Bay Minerals: https://smallcaps.com.au/stocks/asx-jby/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

International Graphite (ASX: IG6) chief executive officer and managing director Andrew Worland joins Small Caps to discuss the company's release of a major resource upgrade at its Springdale graphite project in Western Australia. The significant jump in resource numbers has led to Springdale being ranked as the second largest known graphite deposit in Australia. The independent estimate has revealed a new Springdale resource that is 3.4 times higher than the previous estimate. Significantly the company has moved 27% of the mineral resource to the indicated category. Lifted by the results of an extensive drilling campaign in 2022/23, the upgraded resource estimate also received a 10% boost from the new Mason Bay graphite discovery, located just 2km from the original Springdale mineral resource. This major milestone comes as International Graphite continues long term mine planning and moves strategically to establish itself as one of the first vertically integrated producers of battery anode graphite in Australia. Article: https://smallcaps.com.au/international-graphite-announces-updated-resource-estimate-springdale/ For more information on International Graphite: https://smallcaps.com.au/stocks/asx-ig6/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Terra Uranium (ASX: T92) executive chairman Andrew Vigar joins Small Caps to discuss the company’s positive success with its maiden diamond drill hole at the Parker Lake project in the world class Athabasca Basin in Canada. The company’s maiden diamond hole successfully confirmed the uranium potential at Parker Lake, providing the company with increased confidence at is contemplates a much bigger drilling campaign. The hole intersected a promising 1.5m section which returned elevated radioactivity readings and a core sample has now been sent off for further analysis with results expected within the next four weeks. Terra has a busy work campaign mapped out for the next six months including further drill planning, a full district structural analysis and helium sampling. The ultimate aim is the creation of a 3D earth model to be used in qualifying targets for the next drill campaign. Articles: https://smallcaps.com.au/terra-uranium-confirms-uranium-potential-maiden-parker-lake-diamond-hole/ https://smallcaps.com.au/terra-uranium-stepping-up-exploration-activities-athabasca-basin/ For more information on Terra Uranium: https://smallcaps.com.au/stocks/asx-t92/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Far East Gold (ASX: FEG) chairman Paul Walker joins Small Caps to discuss the company’s upcoming exploration plans at Trenggalek copper gold project and the recent significant investment made by Eurasian Resources Group. The company has defined several untested high-magnetic bodies which it believes has the potential to be large scale, porphyry type copper gold targets. Far East is now further assessing the potential of those priority prospects with a detailed geological mapping program underway. The potential at Trenggalek was highlighted recently when Eurasian Resources made a $4 million investment. An unlisted company 40% owned by the Republic of Kazakhstan, Eurasian identified Trenggalek as its reason for taking a stake in Far East. Covering 12,813 hectares, the Trenggalek asset includes a significant database of information from extensive, advanced exploration work previously carried out on the project. Notably, the area also contains the granted the Izin Usaha Pertambangan – Operasi Produksi (IUP-OP) mining licence for operation and production, which is valid for 10 years until 24 June 2029 with the ability for the company to extend the IUP-OP for two additional 10 year periods. Articles: https://smallcaps.com.au/far-east-gold-kick-starts-java-copper-project-international-group-first-right-to-buy/ https://smallcaps.com.au/far-east-gold-attracts-new-strategic-investor-oversubscribed-raising/ https://smallcaps.com.au/far-east-on-target-strategic-copper-gold-development-plans-indonesia/ For more information on Far East Gold: https://smallcaps.com.au/stocks/asx-feg/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Critical Resources (ASX: CRR) managing director Alex Cheeseman joins Small Caps to discuss the company's ongoing exploration success at the Mavis Lake lithium project in Ontario, Canada. The company recently intersected multiple wide mineralised zones in drilling at the “Swell Zone" discovery at Mavis Lake. Notably, the wide intercepts were drilled outside of the current mineral resource envelope and Critical Resources is confident the discovery will add significant tonnage to its next resource upgrade. The company is particularly excited that every drill-hole also displayed localised sections of very high-grade lithium mineralisation. To date the Swell Zone remains open and the company is continuing to explore that upside as it seeks to establish Mavis Lake as the largest single-site, JORC code compliant lithium resource in Ontario. Articles: https://smallcaps.com.au/critical-resources-expands-new-swell-zone-mavis-lake-lithium-project/ https://smallcaps.com.au/critical-resources-unveils-maiden-8mt-lithium-resource-mavis-lake/ For more information on Critical Resources: https://smallcaps.com.au/stocks/asx-crr/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Felix Gold (ASX: FXG) chief executive officer and managing director Anthony Reilly joins Small Caps to discuss the company’s continued drilling success in its significant property holdings in the rich Tintina Gold Belt of Alaska’s famous Fairbranks district. After identifying further major targets across its Treasure Creek gold project and beyond in 2022, Felix has started its 2023 exploration campaign off with a bang. The company recently received significant assay results from drilling at the NW Array prospect which show wide intersections of near-surface commercial grade gold mineralisation enriched with high-grade critical mineral antimony. Further drilling will now help the company produce a maiden JORC resource for the southern part of NW Array in Q4 2023. Felix is also looking at options to accelerate the road to development and has identified a potential near-term value opportunity through the supply of gold ore to the nearby Fort Knox mine. Articles: https://smallcaps.com.au/felix-gold-confirms-substantial-gold-zones-antimony-alaska-project/ https://smallcaps.com.au/felix-gold-hits-further-wide-gold-critical-mineral-intersections-alaska/ https://smallcaps.com.au/felix-gold-confirms-high-grade-antimony-discovery-treasure-creek-project/ For more information on Felix Gold: https://smallcaps.com.au/stocks/asx-fxg/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

CurveBeam AI (ASX: CVB) chief executive officer Greg Brown joins Small Caps to discuss the company’s ASX listing and impressive $25 million initial public offering. A specialist in computerised tomography (CT) and artificial intelligence (AI) imaging, the company’s state-of-the-art technology is looming as a game changer in global orthopaedics and bone health treatment and care. CurveBeam’s flagship HiRise scanner technology provides the capability to carry out traditional CT scans (where a patient lies down) as well as weight-bearing ones (where a patient stands in a normal pose). Importantly, HiRise has already been granted regulatory clearance from the US Food and Drug Administration (FDA) and Australia’s Therapeutic Goods Administration (TGA). It has been estimated that the CT market is currently valued at approximately $10 billion, while the bone health addressable market sits at around $4 billion today. CurveBeam AI is set to list on the ASX on Wednesday, 23rd August 2023. Article: https://smallcaps.com.au/curvebeam-ai-launches-ipo-global-medical-imaging-opportunities/ For more information on CurveBeam AI: https://smallcaps.com.au/stocks/asx-cvb/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Tambourah Metals (ASX: TMB) chairperson Rita Brooks joins Small Caps to discuss the company’s recent successful capital raising, upcoming drilling plans for its suite of Western Australian mineral assets and the appointment of a highly experienced new director. In early August Tambourah attracted strong market interest when it secured firm commitments to raise a total of $2.5 million. Those funds, along with the estimated injection of a further $1.2 million from a share purchase plan, will be used to accelerate activity at its critical and precious metals projects. A major focus will be the company’s plans to undertake drill programs in the rich Pilbara region, including the promising Tambourah gold and lithium project. The funds will also assist in advancing Tambourah’s strategic partnership with Chile powerhouse SQM in the exciting Julimar district north of Perth. Bringing a wealth of experience to those projects will be new director Wayne Richards. A 37 year industry veteran, his appointment has strengthened and enhanced the technical and corporate experience of the Tambourah board and management team. Articles: https://smallcaps.com.au/tambourah-metals-appoints-mining-executive-board-of-directors/ https://smallcaps.com.au/tambourah-metals-raise-oversubscribed-positive-lithium-results-spp-follow/ For more information on Tambourah Metals: https://smallcaps.com.au/stocks/asx-tmb/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Surefire Resources (ASX: SRN) managing director Paul Burton joins Small Caps to discuss the company’s continued run of success at its Victory Bore project in Western Australia. The company recently signed a memorandum of understanding with the Kingdom of Saudi Arabia covers the proposed concentrate processing of the Victory Bore vanadium production. The Victory Bore vanadium bearing magnetite concentrate is now in line to be processed in the Kingdom of Saudi Arabia for a variety of products, opening up a significant new market for this highly sort after product. The Kingdom itself is a significant user of vanadium products, particularly in its steel sector. Meanwhile, Surefire has unveiled an opportunity to produce another high-value critical commodity from the Victory Bore operations. Recent testing has confirmed that Victory Bore’s high-grade aluminium oxide has the potential to provide low-cost feedstock for High Purity Alumina (HPA) production. Named as a critical mineral by the Australian government, HPA is currently valued at between $37,000 – $60,000 per tonne. Significantly, the aluminium oxide can be obtained from waste rock when Victory Bore’s high-grade vanadium resource is mined. Articles: https://smallcaps.com.au/surefire-resources-secures-vanadium-processing-deal-kingdom-saudi-arabia/ https://smallcaps.com.au/hydrological-report-clears-way-development-surefire-resources-victory-bore-vanadium-project/ https://smallcaps.com.au/surefire-resources-receives-confirmation-victory-bore-hpa-potential/ For more information on Surefire Resources: https://smallcaps.com.au/stocks/asx-srn/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Lithium Universe (ASX: LU7) chief executive officer Alex Hanly joins Small Caps to discuss the company's listing on the ASX this week and plans to develop the Apollo lithium project located in the James Bay region in Canada. The company is focused on the rapid exploration, expansion and development of its flagship Apollo lithium project which sits across 446 claims and 240 square kilometres in the James Bay region of north-west Québec. The company is led by Iggy Tan, a mining veteran with over 30 years of experience being the current managing director of Altech Batteries (ASX: ATC) and previously at Galaxy Resources which Iggy left took from a $10m market cap to $2.5b when he left. Lithium Universe was formerly trading as a tech company Mogul Games (ASX: MGG). Articles: https://smallcaps.com.au/lithium-universe-employs-artificial-intelligence-apollo-exploration-strategy/ https://smallcaps.com.au/lithium-universe-makes-asx-debut-after-public-offer/ https://smallcaps.com.au/lithium-universe-list-asx-next-week-plans-develop-apollo-project/ For more information on Lithium Universe: https://smallcaps.com.au/stocks/asx-lu7/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Beam Communications (ASX: BCC) chief executive officer and president Michael Capocchi and chief financial officer Dean Sleigh join Small Caps to discuss the company's strong finish to FY2023. The SatCom specialist concluded its 2023 financial year with record earnings, a 75% increase in operating cash inflow to $2.5 million, and a 39% cash balance increase to $5 million. The company also achieved record levels of sales and royalty increases across all business units, including strong demand for its SatPhone Shop business and an $18 million contract with global satellite leader Iridium Communications. Mr Capocchi attributed the success to unwinding trade working capital and the successful launch of products like the Iridium GO! exec device. He expressed optimism for continued growth in the global mobile satellite services sector, citing the company's strong balance sheet, growing cash flows, and a positive outlook for the joint venture with ZOLEO Inc. Articles: https://smallcaps.com.au/beam-communications-signals-continued-growth-strong-finish-fy-2023/ https://smallcaps.com.au/beam-communications-fy23-earnings-revenue-expected-reach-record-highs/ https://smallcaps.com.au/apple-starlink-benefit-or-threat-companies-beam-communications/ For more information on Beam Communications: https://smallcaps.com.au/stocks/asx-bcc/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

West Cobar Metals (ASX: WC1) managing director Matt Szwedzicki joins Small Caps to discuss the strides the company has taken with the release of a major resource increase at its Salazar rare earth element (REE) project in southern Western Australia. The company quadrupled its JORC (2012) total mineral resource at Sazalar to 190 million tonnes of 1,172 parts per million total rare earth oxide. Notably, the updated resource includes a significant proportion of total magnet rare earth content, with studies identifying particularly high heavy magnet rare earths material at the Newmont deposit within Sazalar. Initial metallurgical testwork carried out by the Australian Nuclear Science and Technology Organisation has provided results that show that the project's REE clay minerals are amenable to simple leach extraction. Those results have provided West Cobar with the confidence to now undertake phase 2 optimisation and flowsheet development work. Exploration work to date has also identified significant potential to increase the resource, and it is full speed ahead for the company at its project located near the export port town of Esperance. Articles: https://smallcaps.com.au/west-cobar-metals-achieves-near-fourfold-increase-salazar-ree-resource/ https://smallcaps.com.au/west-cobar-metals-reports-excellent-recoveries-testing-salazar-rare-earth-samples/ https://smallcaps.com.au/west-cobar-metals-high-grade-results-drilling-salazar-rare-earths-clay-project/ For more information on West Cobar Metals: https://smallcaps.com.au/stocks/asx-wc1/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Akora Resources (ASX: AKO) managing director Paul Bibby joins Small Caps to discuss a recent 34% increase in the indicated and inferred resource at the Bekisopa iron project in Madagascar. The company has defined a 34 million tonne high-grade “green steel” resource at Bekisopa with impressive grades of 45.3% iron and a 58% David Tube Recovery (DTR) level, which will produce a 68.7% iron concentrate at 75 microns. Green steel is a high value steel product produced without the use of fossil fuels. Manufacturers are increasingly seeking higher-grade ores with fewer impurities that are more energy efficient and cost effective to process at their green steel plants. Akora is confident its “green steel” zone is readily upgradeable and will becoming increasingly valuable. As part of its Bekisopa development plans, the company is preparing for an additional 800 metres of infill drilling across the Bekisopa Northern and Central Zones to further expand start-up direct shipment ore (DSO) tonnage. A review of the unreleased 2022 scoping study based on the Indicated DSO start-up tonnes and grade is also underway. The global green steel market size was $121 million in 2021, and is projected to reach $560 million by 2031, registering a CAGR of 131.8% from 2022. Articles: https://smallcaps.com.au/akora-resources-boosts-resource-numbers-defines-green-steel-zone-bekisopa/ https://smallcaps.com.au/akora-resources-green-steel-future-samples-return-high-grade-assays/ For more information on Akora Resources: https://smallcaps.com.au/stocks/AKO/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Red Mountain Mining (ASX: RMX) chairman Troy Flannery joins Small Caps to discuss the recent confirmation of high-grade lithium at the Mustang project in Nevada and the acquisition of a majority interest in a Western Australian rare earths project. The company's drilling campaign at Mustang intersected lithium in eight out of ten holes and extended the mineralisation strike out to 1500m. Red Mountain is now planning to follow-up the success of that maiden Phase 1 drilling program. Mustang is located 9 km south of Belmont Resources' Kibby Lake project and 40km east of American Lithium’s TLC deposit. Closer to home, Red Mountain has already identified initial targets to follow-up at its newly acquired Monjebup rare earth project in WA's south. The company has reached a farm-in deal with Liontown Resources (ASX: LTR) to acquire an 80% stake in the project where sampling has already identified promising rare earth potential. Articles: https://smallcaps.com.au/red-mountain-mining-intersects-high-grade-lithium-claystone-mustang-project/ https://smallcaps.com.au/red-mountain-obtains-majority-stake-liontown-southern-wa-rare-earth-project/ For more information on Red Mountain Mining: https://smallcaps.com.au/stocks/RMX/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

92 Energy (ASX: 92E) chief executive officer Siobhan Lancaster joins Small Caps to discuss the company’s uranium exploration activities in Canada’s world-class Athabasca Basin. The company is preparing to follow up a number of new targets at its Clover uranium project, where three significant new electromagnetic conductors were identified by a recent EM ground survey. Clover is located along trend to some of Canada’s richest uranium finds including Orano Canada’s Close Lake uranium deposit and Tucker Lake uranium zone and Cameco Corporations’ Cigar Lake uranium mine. 92 Energy is becoming a significant player in the Athabasca Basin as it recently announced a new uranium discovery at the Gemini project, which it is also preparing to follow-up. The Athabasca Basin has more high-grade uranium projects than any other area in the world. Articles: https://smallcaps.com.au/92-energy-honing-in-new-athabasca-uranium-targets/ https://smallcaps.com.au/92-energy-high-grades-after-new-drilling-athabasca-uranium-project/ For more information on 92 Energy: https://smallcaps.com.au/stocks/92E/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Tambourah Metals (ASX: TMB) chairperson Rita Brooks joins Small Caps to discuss the company’s recent acquisition of six lithium prospective projects in Western Australia’s Pilbara region and earn-in agreement with Chilean lithium producer SQM. Tambourah has Sociedad Quimica y Minera de Chile SA (SQM), allowing SQM to initially earn a 50% stake, and potentially up to a 70% interest, in six of Tambourah's Julimar Nth projects in Western Australia. SQM will secure these stakes by independently funding between $1.5m and $3m on exploration and development activities. In addition, the addition of the 337 square kilometres of granted exploration licences from Minrex Resources makes Tambourah one of the largest lithium exploration tenement holders in the high-profile Pilbara, host of two operating, Tier 1 lithium mines. Several of the projects adjoin current Tambourah Pilbara projects, including Tambourah North and the Haystack Well Project. The company is planning to quickly advance its new Pilbara lithium assets which are providing additional scale and quality and is already active on the ground there. For more information on Tambourah Metals: https://smallcaps.com.au/stocks/TMB/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/

Chilwa Minerals (ASX: CHW) managing director Cadell Buss joins Small Caps to discuss the company’s plans to fast track activities at its exciting Malawi heavy mineral sands and rare earth project. The company recently raised $8 million through a popular IPO to undertake a two-year, $4.5 million exploration program at Lake Chilwa. Approximately $7.4 million had been outlaid at Lake Chilwa by previous explorers providing the company with a heads-up on the best areas to target. Its initial Lake Chilwa activities will include a 17,000-metre sonic drilling program to test those targets as it looks to delineate a high-grade, economic deposit. Malawi is home to a number of recent world-class rare earth discoveries and is attracting increasing critical minerals investor interest. Article: https://smallcaps.com.au/chilwa-minerals-list-asx-lake-chilwa-heavy-mineral-sands-rare-earths-project/ For more information on Chilwa Minerals: https://smallcaps.com.au/stocks/CHW/ ----------------------- Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies. ----------------------- WEBSITE https://smallcaps.com.au/ PODCAST https://smallcaps.com.au/podcast/ SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ NEWSLETTER https://smallcaps.com.au/subscribe/